The parade of retail executives invoking “resilience” in their earnings reports last week was as long as it was diverse. In what was a literal stream of verbal confidence, leader after leader offered fresh business insights from a range of retail categories, telling analysts, in...
Today in data, from corporate earnings to consumer spending, the effects of rising inflation are still being felt. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
U.S. retailers can’t seem to hit the right balance of stocking their shelves — they previously were scrambling to fill them, and now they have so much merchandise that they face a surplus, Reuters writes. Get the Full Story Complete the form to unlock this...
Today in retail, Ulta Beauty benefits from shoppers’ desire to emerge from COVID-19 pandemic lockdowns, while Costco keeps its low-price differentiator in place as inflation continues to rise. Plus, Big Lots points to inflation as the cause of its lackluster sales. Get the Full Story...
As grocery delivery services struggle to make the model profitable, Instacart is supplementing its revenue with expansions to its advertising business Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
With shares of Amazon and Walmart both slumping over 20% in the past 30 days in the wake of their respective earnings reports, the so-called “merry, merry month of May” has been no walk in the park for the top two retail titans, as well...
American Eagle Outfitters isn’t celebrating the success of its first-quarter earnings for long. Instead, the company is looking ahead to the second quarter of the fiscal year — the three months ending July 31 — and bracing for the impact of expected inventory backlogs, higher...
Ulta Beauty is seeing the benefits of people emerging from lockdown life, with increases across the board in the first quarter of fiscal 2022, according to a company press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Discount retailer Big Lots released its quarterly earnings Friday (May 27), showing a rise in eCommerce use but a decrease in sales as consumers wrestled with inflation and fuel prices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
